Mr. Neugebauer's Pattern of Falsehoods Reinforce that He Cannot be Trusted to Oversee Fermi; His Gaining Control of the Company Would Jeopardize Shareholder Value
Fermi Urges Shareholders to Return the WHITE Consent Revocation Card Today
DALLAS, June 22, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America ("Fermi" or the "Company"), today announced that it is mailing a letter to shareholders re-emphasizing that all Fermi shareholders should sign, date and return the WHITE Consent Revocation Card today in response to the consent solicitation by former Chief Executive Officer Toby Neugebauer seeking to call a Special Meeting of Shareholders ("Special Meeting"), and sets the record straight on numerous inaccuracies that Mr. Neugebauer published on June 16, 2026.
PLEASE DO NOT SIGN OR RETURN ANY GREEN AGENT DESIGNATION CARDS sent to you by Toby R. Neugebauer, Vicksburg Investments Management LLC and Melissa A. Neugebauer 2020 Trust.
The full text of the letter is as follows:
June 22, 2026
Dear Fermi Shareholder:
Your Board and management are focused on building on Fermi's commercial momentum. We are executing our strategy for Project Matador and confident that our below commitments will deliver results for our shareholders and all Fermi stakeholders:
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